Virginia Administrative Code
Title 10 - FINANCE AND FINANCIAL INSTITUTIONS
Agency 5 - STATE CORPORATION COMMISSION
Chapter 22 - TRUST COMPANY REGULATIONS
Section 10VAC5-22-120 - Services by affiliate
Universal Citation: 0 VA Admin Code 5-22-120
Current through Register Vol. 41, No. 3, September 23, 2024
When a service is provided to a trust account by an affiliate of a trust company, the service must be allowed under the terms of the governing instrument, by a court or by law, and must be justified by readily available documents relating to the specific account.
Statutory Authority
§ 6.2-1034 of the Code of Virginia.
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